February 07, 2017 BY LeapRate Staff

FXCM sells its US clients to Gain Capital as it exits US Forex market

Following our earlier report that New York based retail forex broker FXCM Inc (NASDAQ:FXCM) had been banned from the US market (alongside bans for CEO Drew Niv and co-founder William Adhout) after FXCM settled allegations of defrauding customers regarding its market making activities, FXCM has put out a statement confirming the settlement with US regulators CFTC…

Read more
February 06, 2017 BY admin

Santander and Worldline extend their partnership for payment services

Worldline (Euronext: WLN), through its equensWorldline subsidiary specialized in financial processing, and the Santander (NYSE: SOV-C) Consumer Bank S.A. in Poland, extend their partnership for new services. equensWorldline processes the Visa credit cards of the Santander Consumer Bank in Poland. The contract covers, amongst others, the co-branding cards of European consumer electronics chains. The contract…

Read more
February 06, 2017 BY Valentina Kirilova

Thomson Reuters acquires Clarient Global LLC and Avox Limited

Information giant Thomson Reuters Corp (NYSE:TRI) has signed definitive agreements to acquire Clarient Global LLC and Avox Limited. Clarient is a global Know Your Customer (KYC) and client reference data platform owned and used by the Depository Trust & Clearing Corporation (DTCC), Barclays, Credit Suisse, Goldman Sachs, J.P. Morgan, BNY Mellon, and State Street, among…

Read more
February 06, 2017 BY Valentina Kirilova

TMX Group releases January volumes, MX with a new open interest record

TMX Group Limited (TSX: X) just announced January 2017 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha), Montréal Exchange (MX) and NGX. MX achieved a new open interest record for Options on Three-Month Canadian Bankers’ Acceptance Futures (OBX) of 305,576 contracts on January 31, 2017. The total volume…

Read more
February 06, 2017 BY Valentina Kirilova

FCA warns on Harbex Finance Services firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Harbex Finance Services. Harbex Finance Services is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

Read more
February 06, 2017 BY Valentina Kirilova

Fiserv brings new digital investment advice solutions to its Wealth Management Network in partnership with Marstone

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced that it has partnered with Marstone, Inc., a New York-based digital advisory firm, to offer the Powered by Marstone suite of digital investment advice solutions via the Wealth Management Network from Fiserv. In addition, to support a single-platform strategy, wealth management firms…

Read more
February 06, 2017 BY Valentina Kirilova

Euronext releases January trading volumes, ADV on ETFs 45% YoY down

Euronext, the pan-European exchange in the Eurozone, just announced trading volumes for January 2017. Here are some of the highlights: The January 2017 average daily transaction value on the Euronext cash order book stood at €6,458 million down -25.6% compared to January 2016 and down -10.8% from the previous month. The average daily transaction value…

Read more